The Multinational Force and Observers monitors the compliance of Egypt in maintaining freedom of navigation of the straits, as provided under the Egypt–Israel peace treaty.
[5][6] In 1967, 90% of Israeli oil passed through the Straits of Tiran, making it a target of Egyptian blockade during the Arab League boycott of Israel.
[7] In May 1967, Israeli Prime Minister Levi Eshkol repeated declarations that Israel had made in 1957, saying that closure of the Straits of Tiran would be an act of war.
The subsequent closure of the Tiran Straits by Egypt was closely linked to the preceding UNEF withdrawal, because having the peacekeepers (rather than the Egyptian military) at Sharm El Sheikh was important for keeping that waterway open.
"The Saudi–Egypt Causeway, a proposed project to build a 15-kilometre (9.3 mi) bridge across the straits, linking Egypt and Saudi Arabia, is under consideration by the Egyptian Government.